Indian exchange WazirX reportedly hacked for $200 million.
According to multiple on-chain data platforms, abnormal activities were detected in the multi-signature wallet of the Indian exchange WazirX, with a total of $234.9 million being transferred to a new address. The transfer fees for these transactions originated from the privacy protocol Tornado Cash. Tokens such as PEPE, GALA, and USDT have been converted to ETH, and other assets are also being exchanged gradually.
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According to multiple on-chain data platforms' warnings, abnormal activities were detected in the multi-signature wallet of the Indian exchange WazirX, with a total of $234.9 million transferred to a new address. The transaction fees for these transfers originated from the privacy protocol Tornado Cash. Assets including PEPE, GALA, and USDT have been converted to ETH, with other assets being exchanged gradually.
Cyvers Alerts, which observed this activity, stated that they contacted WazirX close to 3 p.m. on July 18 but did not receive a response.
Industry insiders revealed that the exchange had previously discussed acquisition with Binance, but the deal was not completed due to internal turmoil.
Split? Binance's Indian platform WazirX is accused of money laundering by authorities; Zhao Changpeng: The acquisition was never completed
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